Scapa trading in line with expectations
Scapa, which supplies adhesive bonding for electronics and medical equipment, reports that current trading is in line with expectations against continued macroeconomic uncertainty.
Scapa, which supplies adhesive bonding for electronics and medical equipment, reports that current trading is in line with expectations against continued macroeconomic uncertainty.
In a trading update for the six months ended September 30th 2012, it says: "Group revenue and operating profits are ahead of the same period last year and in line with expectations. The operating profit continues to improve and we remain net cash positive with strong cash flow increasing net cash to £8.5m."
Webtec Converting, the US healthcare acquisition made in December 2011 for an initial consideration of $30m (a further payment of up to $15m is dependent on hitting profit targets), continues to perform well and make a positive contribution to group performance.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The AIM-listed company, with a market cap of approximately £98m, expects to announce its interim results on November 27th, 2012.
Consensus forecasts for the year ending December 31st 2012 are for pre-tax profits of £11.5m, on turnover of £213.3m, putting it on a forward price earnings ratio of 14.3.
CM
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Michelin Key Hotels 2025: the top destinations in the world
The Michelin Keys have been awarded to spectacular hotels across the world. From Marlon Brando's private resort in Polynesia to a Bvlgari hotel in Tokyo, we look at some of the most extraordinary stays in 2025
-
MoneyWeek news quiz: How much could you get in car finance compensation?
The car finance scandal, inheritance tax, and house prices all made headlines over the past few days. Test your knowledge while reviewing this week’s top stories with MoneyWeek’s news quiz